China: Timber imports fall in Q1/2023; prices follow the trend

In the first quarter of this year, China's total timber imports reached 15.8 million m3, Slightly lower than 16.32 million m3 in the first quarter of 2022. The average price of wood imports also decreased in the first quarter.  From the perspective of import situation, in January before the Spring Festival holiday this year, due to the impact of a decrease in global demand for wood products, the number of wood imports decreased significantly, with a year-on-year decrease of 18.2%. However, imports from February to March showed a slight increase compared to the ...